A Financial Intermediary That Accepts Deposits from Savers, and Makes

question 8

Multiple Choice

A financial intermediary that accepts deposits from savers, and makes loans to borrowers is a

• A)stock exchange.
• B)bond market.
• C)bank.
• D)finance company.

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Definitions:

United States

A country consisting of 50 states, primarily located in North America, known for its diverse population and significant global influence.

Dependency Theorists

Scholars who argue that underdevelopment in certain countries is the result of exploitative relationships with developed nations.

Economic Backwardness

Economic backwardness describes a state of limited economic development characterized by low levels of industrialization, poor infrastructure, and a reliance on agriculture and other traditional sectors.

Work Ethic

A set of values that prioritize hard work, diligence, and responsibility as essential to achieving success and productivity.